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The mortgage market is becoming increasingly favorable for buyers, with rates easing after a long stretch of volatility. Additional rate cuts are anticipated.
Bar Futo, a Japanese-inspired restaurant at 425 Exchange St., and Low Stakes Lodge, at 106 Exchange St., have announced plans to close later this fall.
Between 350 and 400 people are expected to attend the four-day event, which will include talks, moderated discussions, small working groups and hands-on sessions.
The Portland nonprofit, which provides asylum seekers temporary housing and transitional services, has begun a $2.6 million renovation of its historic building at 14 Sherman St.
Panelists for the Nov. 18 event will include Portland Planning Director Kevin Kraft, Marieke Thormann of Fathom Cos. and Will Savage, principal at Acorn Engineering.
Boston had the Big Dig, but Portland has the Back Cove South Storage facility: visible from I-295, the project consists of massive underground conduits capable of holding 3.5 million gallons of stormwater and sewage during heavy rains.
The development, for adults aged 55 and older, is part of a larger campus dating back to 1999 and now totaling 175 units.
The Scarborough Planning Board will discuss the project at its Oct. 20 meeting.
The Institute for Family-Owned Business recognized seven Maine companies at its 25th annual awards ceremony, held Oct. 8 at Thompson’s Point in Portland.
Y%F, a new coffee shop owned by Yousif Albadri, has leased the 3,000 square feet of retail space at 602 Congress St. in Portland from 602 Congress LLC.
Sponsored by Kennebunk Savings Bank
Next year will bring a host of new challenges for businesses looking to add employees to the payroll.
Maine's Paid Family and Medical Leave law will go into effect, which will allow an employee to take paid leave for up to 12 weeks to care for an ill family member or new child, for instance.
The state's minimum wage will increase by 45 cents an hour, to $15.10 (a separate minimum wage provision will be voted on in Portland that could raise the hourly compensation to $19).
And rising health care premiums will continue to be a struggle for employers.
For companies that plan to grow, all of these factors will have to be managed.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
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Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
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Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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